Posts From Ante Batovic
Low oil prices fuel political and economic instability
A year after the beginning of the biggest oil price slump in a decade, it is worthwhile to assess the current state of affairs and estimate the costs both for
Despite sanctions, Russia remains global energy player
Sanctions may have damaged the Russian energy sector, but Russian energy diplomacy is still scoring goals and helping Russia to retain its global power status. By seeking out alternative markets
OPEC losing its ability to set global oil prices
The June OPEC meeting should not bring too many surprises, as the cartel’s unofficial leader, Saudi Arabia, will not support production cuts in order to boost falling prices, but will
Despite recent upshots, oil prices will remain subdued
Despite recent gains, oil prices will remain subdued as the oil glut continues to dominate global markets. Increases in US and OPEC oil production will play a big part in
Despite Iran deal, price war will dominate 2015 oil markets
Regardless of the final outcome of Iran’s nuclear programme negotiations, the coming months will see a continuing price war between OPEC producers and the shrinking US shale sector. The recent agreement
EU-Russia energy relations at lowest point since Cold War
It has been one year since the controversial referendum on Crimean independency took place under the protection of Russian arms and the factual annexation of the strategically important peninsula in
Global oil glut could further depress oil prices
With the global oil supply expected to outpace demand in 2015 and 2016, there is a growing risk from an oil glut that might further slash oil prices. The 50 percent
Five countries most affected by the oil price crash
Since June 2014, global oil prices have dropped by more than 50%. The drop could strongly affect the economic and political stability of these five oil exporting countries. Oil prices
Oil sector expected to reduce investment in new projects
Despite the overall benefits for the global economy, the prolonged period of low oil prices is likely to reduce investment in new oil projects, raising the potential for economic and political
Low oil prices bring instability to the global oil sector
A pro-longed period of low oil prices could have long-term consequences for the future of the oil industry and geopolitical stability of some oil exporting countries. Falling oil prices can be
